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DrinkPrime raises ₹60 crore in Series A round led by Omidyar Network India, Surge Sequoia and 9Unicorns

DrinkPrime raises ₹60 crore in Series A round led by Omidyar Network India, Surge Sequoia and 9Unicorns
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Gurgaon , Haryana , India , Faridabad , Delhi , Hyderabad , Andhra-pradesh , Bengaluru , Karnataka , Ghaziabad , Uttar-pradesh , Apoorva-ranjan-sharma

DrinkPrime raises ₹60 crore in Series A round led by Omidyar Network India, Surge Sequoia and 9Unicorns

Bengaluru: DrinkPrime, the IoT-enabled customized water purifier on subscription raised ₹60 crore in its Series A round. The company plans to invest in people, product and infrastructure to ensure they serve 1 million homes by 2026. The round was led

Gurgaon , Haryana , India , Faridabad , Delhi , Hyderabad , Andhra-pradesh , Bengaluru , Karnataka , Ghaziabad , Uttar-pradesh , Apoorva-ranjan-sharma

BharatPe raises Rs. 200 crores in debt from IIFL Wealth and Northern Arc

BharatPe raises Rs. 200 crores in debt from IIFL Wealth and Northern Arc
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[Funding alert] BharatPe raises Rs 50 Cr in debt from Northern Arc

[Funding alert] BharatPe raises Rs 50 Cr in debt from Northern Arc
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India , Saheli-sen-gupta , Suhail-sameer , Axis-bank , Development-financial-institutions , Northern-arc-capital , Alteria-capital , Innoven-capital , Trifecta-capital , Group-president , Northern-arc , Bama-balakrishnan

BharatPe raises Rs 50 cr debt from Northern Arc


BharatPe raises Rs 50 cr debt from Northern Arc
​ By
IANS
|
Published on
​ Mon, May 10 2021 14:03 IST
|
​ 6 Views
Rupee. (File Photo: IANS). Image Source: IANS News
New Delhi, May 10 : Financial services company BharatPe on Monday said it has raised Rs 50 crore in debt from Northern Arc Capital, one of the leading digital debt finance platforms.
This is the sixth round of debt financing in 2021, the company said.
In January, the company had raised Rs 200 crore from three top debt companies in the country -- Alteria Capital, InnoVen Capital and Trifecta Capital, having later raised additional capital from ICICI Bank and Axis Bank.

India , New-delhi , Delhi , Bharat , Suhail-sameer , Axis-bank , Northern-arc-capital , Innoven-capital , Trifecta-capital , Group-president , Northern-arc , Bama-balakrishnan

BharatPe raises Rs 50 crore debt from Northern Arc; sixth debt fund raise in 2021


BharatPe raises Rs 50 crore debt from Northern Arc; sixth debt fund raise in 2021
BharatPe raises Rs 50 crore debt from Northern Arc; sixth debt fund raise in 2021/ Representational Image
BharatPe raised Rs 50 crore ($ 7 million) in debt from Northern Arc Capital, a digital debt finance platform that is focused on improving access to finance for under-served businesses and individuals in India. This is the sixth round of debt financing for BharatPe in the year 2021.
The company had raised Rs 200 crore ($ 26 million) from three top debt companies in the country - Alteria Capital, InnoVen Capital and Trifecta Capital in January 2021. The company had later raised additional capital from ICICI Bank and Axis Bank.

India , Bharat , Suhail-sameer , Axis-bank , Development-financial-institutions , Northern-arc-capital , Innoven-capital , Trifecta-capital , Group-president , Northern-arc , Bama-balakrishnan , இந்தியா

SME lending startup BharatPe raises ₹50 crore in debt from Northern Arc Capital


Northern Arc Capital, one of the leading digital debt finance platforms.
This is the sixth round of debt financing in 2021, the company said.
In January, the company had raised ₹200 crore from three top debt companies in the country -- Alteria Capital,
InnoVen Capital and
ICICI Bank and
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"We have considerably ramped up our lending business in the last year and have set an ambitious target of facilitating disbursals to the tune of $1 billion to more than 10 lakh merchants by the end of current fiscal (FY22)," said Suhail Sameer, Group President, BharatPe.
"We are excited about our latest capital raise from Northern Arc and are confident that, together, we will be able to transform Bharat and serve the needs of the underserved businesses in India," he added.

India , Bharat , Suhail-sameer , Axis-bank , Arc-capital , Ven-capital , Group-president , Northern-arc , Bama-balakrishnan , இந்தியா , பாரத் , சுஹைல்-அதே

Northern Arc Raises Inr 40 Crore Debt From Kotak Mahindra Bank to Support Pandemic Hit MSME's and Micro-entrepreneurs


Debt facility backed by guarantees from Michael & Susan Dell Foundation and Rockefeller Foundation
Under-banked households and micro-entrepreneurs across the country with a monthly household income of less than INR 25,000, will be the key beneficiaries of the funding
Chennai, April 19, 2021: Northern Arc, one of India’s leading digital debt platforms, today announced that it has received INR 40 crore of debt financing from Kotak Mahindra Bank, one of the country’s largest private banks. The facility is backed by partial guarantees from The Michael & Susan Dell Foundation (MSDF) and The Rockefeller Foundation. The transaction is part of the covid-response package of both these impact institutions, that aims to alleviate the economic and social impact of the pandemic.

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[Funding alert] Northern Arc raises Rs 40 Cr debt from Kotak Mahindra Bank to help small businesses

[Funding alert] Northern Arc raises Rs 40 Cr debt from Kotak Mahindra Bank to help small businesses
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